OKASH, WORTHING ROAD, SOUTHWATER, HORSHAM, RH13 9HA - £357,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

OKASH is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £357,500 in June 2020, which was around 41% below the average June 2020 detached price in the Horsham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was F, and the potential energy rating was C.

OKASH Sold Prices

Land registry data shows two sales for OKASH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. Both of the two OKASH sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 26 JUN	£357,500	£602,115	41% below HPI
2006 20 APR	£229,000	£365,768	37% below HPI

OKASH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The two OKASH sales from April 2006 and June 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is OKASH?

OKASH is 66m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where OKASH lies on this distribution: 1% of detached houses are smaller than OKASH, and 99% of houses are larger. Note that EPC data is not available for all properties in Southwater.

OKASH: Plot and Title Map

OKASH sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of OKASH, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of OKASH). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is OKASH?

OKASH is located on WORTHING ROAD in SOUTHWATER, in the RH13 postcode district. The below map shows the position of OKASH on WORTHING ROAD.